Aug 9, 2026
The Ivey PMI came in at 55.1, indicating purchasing activity continues to expand…
… and with the price index remaining elevated for the fifth month straight, most of that expansion is likely inflation-driven…
… though building an inventory buffer to protect against longer supplier delivery times could also be a factor.
The employment index edged lower for the third straight month, but with it sitting above 50…
… it’s no surprise that manufacturing employment increased in July.
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